THE Iceland Thread (merged)

Arsenal · **Joined:** Tue Mar 18, 2008 12:00 am **Posts:** 862

Interesting. Here is a first hand account from Iceland.

Surviving Iceland

Quote:

It is amazing to watch the news as closely as i do. Just in four weeks I have seen such a change in crimes here in Iceland that i am as close to being baffled as i think i will ever be. What is happening to my gorgeous country? The peaceful nation, the calmness .. it´s all just fading away, not even fading away it´s basically just running away. How is that possible .. I guess people are just losing their minds, and i don´t blame them really. I just thank for being as calm as i am in my nature.

Watch closely. If you think you are in a low crime neighborhood now... Just wait until things start to go down hill.

bratticus · **Posted:** Wed Nov 26, 2008 7:13 am

Let's face it, they aren't sane and stable over there.
[flash width=320 height=240]http://www.youtube.com/watch/v/pYyyqIZTvYY[/flash]
Just a bunch of savages.

americandream · **Posted:** Wed Dec 03, 2008 1:23 pm

JPL wrote:

GeneralGreen wrote:

Next move on....I have more to worry about then a Drunk State "Iceland" that spent all their money on booze..and now want more via a 5 billion loan via IMF-Russia ect...to keep the booze comming......I for one wont give a drunk bum 20 bucks nor will I donate to overconsumered Icelandic folk..My 20 dollars will go for a 1 oz silver bar to help myself...See I prepare...those in iceland had a nice good decade to prepare...Have fun..you made your bed..now lie in it.

Interesting level of support for one of our first-world neighbours. Iceland, when last I looked, was full of normal people; mums, dads, children. Same as the rest of us, really. Odd attitude you have here...

JP

I'ld say your attitude is odd....decidedly racist. Oh wait, thats the norm these days isn't it, help those like you. Wonder how long the Obama fling last.

da23 · **Joined:** Tue Jun 06, 2006 12:00 am **Posts:** 195

JPL wrote:

when last I looked, was full of normal people

I s'pose Bjorks still in blighty then :wink:

bratticus · **Posted:** Wed Dec 03, 2008 8:04 pm

Quote:

Icelanders protest economic meltdown

The Associated Press
Published: December 1, 2008

... Thousands of Icelanders marked the 90th anniversary of their nation's sovereignty with angry protest Monday, and several hundred stormed the central bank to demand the ouster of bankers they blame for the country's spectacular economic meltdown ...

Barking up the wrong tree.

BigTex · **Posted:** Sun Dec 07, 2008 1:57 pm

Every time I see this thread I wish it had been titled:

"Iceland on Ice"

bratticus · **Posted:** Wed Dec 31, 2008 10:05 am

Not another Iceland video. Oh well, at least this one has horsemeat.

[flash width=425 height=344]http://www.youtube.com/v/u7FEHgPwnN0[/flash]

wisconsin_cur · **Joined:** Thu May 10, 2007 12:00 am **Posts:** 4616

Link

Quote:

Iceland's government was last night scrambling to avoid becoming the first administration to be ousted by the global financial crisis, as ministers huddled to try and hold together a coalition in the face of some of the biggest protests the country has seen for 60 years.

Protesters who have mounted vocal demonstrations in recent weeks against the collapse of the economy squared up to police, spattered parliament with eggs and paint, and at one point surrounded the prime minister's car as he tried to leave his office.

They pelted Geir Haarde's car with eggs and banged on the windows, shouting "resign", in a sign of mounting exasperation at the government's failure to prevent the economy from imploding under a mountain of billions of dollars of debt.

"These men bankrupted Iceland. It's ridiculous that they continue as if nothing happened," the writer Hallgrimur Helgason said. "I want the government to resign and an emergency government to be proclaimed, preferably made up of women. They can't do worse than men."

Haarde's press secretary said some demonstrators "came quite close to him and they didn't look all that peaceful".

Last night, the government's supposed political ally, the Alliance party, was meeting to discuss the future of the coalition. Options on the table included a motion calling for early elections, or even a vote of no confidence in the government.

oddone · **Posted:** Thu Jan 22, 2009 12:58 am

This article is in Norwegian, bit the bottom line us that ca 5000 people rioted against the president and his cabinet. They demand reelection and a new start.
Iceland has gone from hero to zero in just months, their biggest export now being unsold luxury vehicles, some fish and nothing else. Before their biggest export was credit, now left forever unpaid - and to add insult to injury, Britain placed Iceland on the terrorist state list for their financial acrobatics (maybe taken off the list now that Britain realised they are in the same league...)

Failing a full translation, I can only offer you that the Icelanders are a severely pissed off populace, and reacting as such.
But I give you this, they throw "snowballs, eggs, beat drums, send off fireworks" to show their discontent...

[marq=right]merged by wisconsin_cur[/marq]

ReverseEngineer · **Joined:** Wed Jul 16, 2008 12:00 am **Posts:** 3584

oddone wrote:

Failing a full translation, I can only offer you that the Icelanders are a severely pissed off populace, and reacting as such.
But I give you this, they throw "snowballs, eggs, beat drums, send off fireworks" to show their discontent...

The Snowballs I can see throwing, the Eggs is a bad idea. Those Eggs are good eating.

Iceland of course is GREAT Canary in the Coal Mine, they are the first All White Nation to get sucked down the toilet here as the monetary system goes south. Belgium isn't far behind, but regardless of what the order is of dominoes falling, about all nations are going to follow pretty close to the pattern Iceland is following right now.

Whoever is in power on a Goobermint level is going to be pelted with eggs, rotten tomatoes, rocks, whatever people can get their hands on if they go out in Public. The next bunch who takes power won't fare much better.

Goobermints will become increasingly draconian in preventing any demonstrations while at the same time increasingly more desperate people will take more desperate measures at protest. After a short time, it won't be eggs being thrown, it will be homemade bombs and molotov cocktails.

In the EU, I would bet on the Irish being the next dominoe, followed by the Brits. Then the Fench, then the Germans.

Here in the New World, the Mexicans will go first followed by the Hosers in Canada and then the US follows shortly thereafter. Unless some international conference on Money and a new monetary system is put in place in the next year, over the next 2 years you have to see replays of Iceland on ever bigger scales each time, just like first its Bear Stearns, then Lehman, then Citbank. All Nations really are fundamentally are Banks, and what you have here is a cascade failure of the banking system. Without the money, the political systems don't hold together. You can;t buy politicians, buy loyalty or buy police to support your state without a functioning monetary system.

Its a devolution to anarchy, its the Fall of an Economic Tower of Babel. Iceland is a Canary in the Coal Mine. It does not look likely it can be stopped now. Its coming to a Theatre Near You, sooner than you probably thought possible. Not in one step, but many steps taken very fast. Its a race to the bottom, and its not going to be pretty.

Reverse Engineer

eXpat · **Joined:** Thu Jun 08, 2006 12:00 am **Posts:** 1677

Icelandic government becomes first to be brought down by the credit crunch

Quote:

The government of Iceland today became the first to be effectively brought down by the credit crunch.

After several nights of rioting over the financial crisis, Prime Minister Geir Haarde, surrendered to increasing pressure and called a general election for May.

A poll would not normally be held until 2011.

Haarde also revealed that he had been diagnosed with a malignant tumour of the oesophagus and would not seek re-election.

'I have decided not to seek re-election as leader of the Independence Party at its upcoming national congress,' he told a news conference.

The global financial crisis hit Iceland, which has a population 320,000, in October, triggering a collapse in its currency and financial system under the weight of billions of dollars of foreign debts incurred by its banks

The economy is set to shrink 10 percent this year and unemployment is surging.

Critics wanted Haarde, the central bank governor and other senior officials to resign.

link
If it is any consolation to Mr Haarde, he may have been the first, but he won´t be the last :twisted:

deMolay · **Joined:** Sun Sep 04, 2005 12:00 am **Posts:** 2058

It looks like the financial crisis has caused the collapse of the Icelandic Government. Who will fall next? link

Merged with THE Iceland Thread (merged). –FL

Bas · **Posted:** Sat Jan 24, 2009 6:13 pm

I thought the Belgian governement was the first to fall over credit-crisis related matters.

ReverseEngineer · **Joined:** Wed Jul 16, 2008 12:00 am **Posts:** 3584

deMolay wrote:

It looks like the financial crisis has caused the collapse of the Icelandic Government. Who will fall next? http://www.dailymail.co.uk/news/worldne ... runch.html

No idea about the smaller countries on the brink, but it looks like the first BIG ONE to blow will be the Brits.

Reverse Engineer

Southpaw · **Joined:** Sun Aug 31, 2008 12:00 am **Posts:** 69

Bas wrote:

I thought the Belgian governement was the first to fall over credit-crisis related matters.

Thank god we Belgians have the Euro lol

THE Iceland Thread (merged)

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